3618 N County Road 1148 | Midland, TX 79705
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- LoopNet Team
3618 N County Road 1148
Midland, TX 79705
VERSATECH AUTOMATION SERVICES, POWER RIG · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Two-Tenant Net Leased Industrial Opportunity in the Permian Basin
- Both NNN Leases with Minimal Landlord Responsibility (Roof & Structure Only)
- Early Lease Renewal from PRRT at 28% Rate Increase Shows Commitment to the Site | Now Running Through 1/31/2030
- 100% Leased to VersaTech Automation Services & Power Rig Rental Tool, Inc.
- 12,000 Combined Rentable SF | Situated on Large 5.26 Acre Parcel | Constructed in 2015
- Ideally Located with Immediate Access to the Texas State Highway Loop 250
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 5.26 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 5,000 SF | ||
| Zoning | Commercial - Commercial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.26 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| Zoning | Commercial - Commercial |
PROPERTY TAXES
| Parcel Number | R000212-419 | Improvements Assessment | $936,190 |
| Land Assessment | $55,510 | Total Assessment | $991,700 |
PROPERTY TAXES
Parcel Number
R000212-419
Land Assessment
$55,510
Improvements Assessment
$936,190
Total Assessment
$991,700
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